High Quality Content by WIKIPEDIA articles! The Secretary of State for Business, Innovation and Skills (formerly the Secretary of State for Business, Enterprise and Regulatory Reform and previously Secretary of State for Trade and Industry) is a cabinet position in the United Kingdom government. Its secondary title is the President of the Board of Trade. The Secretary of State is responsible for the Department for Business, Innovation and Skills (formerly the Department of Business, Enterprise and Regulatory Reform and previously the Department of Trade and Industry).